Insider Buying: Karen L. Zaderej Purchases 5,000 Shares of AxoGen Stock (AXGN)
AxoGen (NASDAQ:AXGN) CEO Karen L. Zaderej bought 5,000 shares of the stock on the open market in a transaction that occurred on Tuesday, June 3rd. The stock was purchased at an average price of $2.43 per share, with a total value of $12,150.00. Following the completion of the transaction, the chief executive officer now directly owns 334,056 shares in the company, valued at approximately $811,756. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at Dawson James initiated coverage on shares of AxoGen in a research note on Wednesday, May 14th. They set a “buy” rating and a $5.00 price target on the stock.
AxoGen (NASDAQ:AXGN) opened at 2.45 on Friday. AxoGen has a one year low of $2.21 and a one year high of $5.20. The stock’s 50-day moving average is $2.60 and its 200-day moving average is $3.51. The company’s market cap is $42.8 million.
AxoGen (NASDAQ:AXGN) last released its earnings data on Wednesday, April 30th. The company reported ($0.24) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.23) by $0.01. Analysts expect that AxoGen will post $-0.90 EPS for the current fiscal year.
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